Indonesian Political, Business & Finance News

Search Archive

Search Tips

You can use boolean operators in your search:

  • pugilist AND basketball - Both words must appear
  • jakarta OR surabaya - Either word can appear
  • jakarta NOT politics - Must have jakarta but not politics
  • +jakarta -politics - Must have jakarta, must not have politics
  • "exact phrase" - Search for exact phrase
  • basket* - Wildcard (matches basketball, basket, etc.)

Found 17,759 articles

Asiad contingent still short of cash

Asiad contingent still short of cash JAKARTA (JP): Indonesia's Asian Games contingent organizers expressed relief yesterday on hearing about the team's free flight to Thailand, but doubted they had enough money to cover other expenses.

Stocks plunge 3.2% amid heavy selling pressure

Stocks plunge 3.2% amid heavy selling pressure JAKARTA (JP): Share prices on the Jakarta Stock Exchange (JSX) plunged further yesterday, losing 3.2 percent due to heavy selling pressure from foreign investors.

Canada offers RI $198m in aid

Canada offers RI $198m in aid JAKARTA (JP): Canada yesterday offered a C$280-million (US$198 million) bilateral support package for Indonesia to help the country overcome its economic crisis.Canada's Secretary of State for Asia-Pacific Raymond Chan told journalists that the package included C$250...

Debt payment still required

Debt payment still required Japanese banks, in an effort to prevent greater difficulties, are reported to have written off about US$1.5 billion worth of bad loans made to private Indonesian companies. This, however, does not mean that the Indonesian companies have been absolved from their...

BI confident inflation rate won't exceed 40 percent

BI confident inflation rate won't exceed 40 percent JAKARTA (JP): Bank Indonesia is optimistic that inflation will not exceed 40 percent this calender year even though it reached nearly 20 percent in January and February alone, a central bank executive said here yesterday.

Tadjus calls for delay of sticker system

Tadjus calls for delay of sticker system JAKARTA (JP): The head of Golkar's Jakarta chapter, Tadjus Sobirin, has urged the city administration to postpone the implementation of the sticker system designed to replace the three-in-one traffic regulation.

Patients stay away from doctors

Patients stay away from doctors PURWOKERTO, Central Java: The recession descending upon the country has forced many to reassess their lifestyles, but one man may have taken it a bit too far.The director of Emmanuel Hospital in Banjarnegara, Dr.

Last group of haj pilgrims depart

Last group of haj pilgrims depart JAKARTA (JP): Indonesia's last group of haj pilgrims departed for Saudi Arabia yesterday, bringing to a close the first stage of the country's massive airlift of 201,961 people which began March 6.

New water meters introduced

New water meters introduced JAKARTA (JP): Water company PT Kekar Thames Airindo (Kati) has begun its service improvement program by replacing defective water meters with new ones, the company said in a statement yesterday.

No fun in law-making forum

No fun in law-making forum JAKARTA (JP): Two subdistrict chiefs from Bekasi are in hot water after they were caught arm wrestling while attending a plenary meeting of the regency legislative council Tuesday.Sindang Jaya chief Sundan Jasan and Lambangsari chief Marsan N.

Triple-tier project funding uncertain

Triple-tier project funding uncertain JAKARTA (JP): City councilors urged the developer of the triple-tier transit system yesterday to reveal who will finance the Rp 6.2 trillion (US$730 million) project.

Sawangan land dispute lingers after 20 years

Sawangan land dispute lingers after 20 years JAKARTA (JP): Some 125 people from Sawangan, in Bogor, staged a protest here yesterday renewing compensation demands for their land acquired by a property developer 24 years ago.

Coke won't raise prices

Coke won't raise prices SYDNEY (Reuters): Soft drink bottler Coca Cola Amatil Ltd said it will not raise the prices of its smaller-sized bottles of Coke in Indonesia for the time-being, despite high inflation there.The company also said that volumes growth from its Indonesian group was flat.

WB lends RI $234m for road projects

WB lends RI $234m for road projects WASHINGTON (Reuters): The World Bank said on Tuesday it had loaned Indonesia $234 million toward a road project in northern Sumatra, as well as $103.5 million toward an education project in West Java.

New bankruptcy law

New bankruptcy law The government moved yesterday to act on an important component of the IMF-brokered reform package of Jan. 15 when President Soeharto instructed Minister of Justice Muladi to draft a new bankruptcy law and the first antimonopoly law as quickly as possible.

Nationalism

NationalismFrom MerdekaFor hundreds of years, our freedom fighters fought many wars to drive out the Dutch imperialist power. And with the establishment of Boedi Oetomo in 1908 and the declaration of the Youth Pledge in 1928, they worked against all odds to build up the nation's sense of...

Asiad hopefuls enter KASAD Cup

Asiad hopefuls enter KASAD Cup JAKARTA (JP): Four of the nations top karate experts will face their first test before the Asian Games when they compete in the fifth KASAD (Army Chief of Staff) Cup to be held in the Senayan indoor tennis stadium starting from tomorrow.

Stock Exchange

Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on April 1, 1998: Shares Close Change Trading Volume -------------------------------------------------------------- Ades Alfindo 650 0 0 AHAP Insurance 500 0 0 Alter Abadi 675 25 101,000 Alumindo Light Metal 400 -75 454,000...

'Ojek' driver found murdered

'Ojek' driver found murdered TANGERANG (JP): An ojek (motorcycle taxi) driver was found murdered in the industrial area of Jatiuwung at about 7:30 p.m. on Tuesday, eyewitnesses and police said yesterday. His motorcycle had been stolen.

Labor leaders reject govt decision on minimum wages

Labor leaders reject govt decision on minimum wages JAKARTA (JP): Labor leaders rejected yesterday the government's decision not to raise monthly minimum wages for 1998/1999, citing possible unrest among workers.

Thai shrimps gain from RI problems

Thai shrimps gain from RI problems BANGKOK (Reuters): Thailand, the world's top shrimp exporter, stands to benefit from the problems faced by the shrimp farming industry in competitor Indonesia, industry sources said yesterday.

Aid offered to Indonesian students in N. America

Aid offered to Indonesian students in N. America JAKARTA (JP): More than 15,000 Indonesian students studying in North America can breathe easier following announcements by the Canadian and United States governments that assistance would be accorded to the many cash-strapped students.

Sakakibara visits Jakarta

Sakakibara visits Jakarta TOKYO (Reuters): Eisuke Sakakibara, Japan's Vice Finance Minister for International Affairs, will visit Singapore and Indonesia beginning today, a finance ministry official said.

Local banks may face huge derivative losses

Local banks may face huge derivative losses JAKARTA (JP): The sharp plunge in the rupiah's value represents a "time bomb" for Indonesia's banking sector which is bloated by a much larger overseas obligation than what has officially been reported, according to Bank Niaga director Arwin Rasyid.

Decree on cigarette price hike revised

Decree on cigarette price hike revised JAKARTA (JP): The Indonesian government has cut back price increases of cigarettes produced by small companies to give them a chance to survive in the tightening cigarette market.

NIKE clarifies baby case

NIKE clarifies baby case I would like to clarify some inaccuracies that appeared in The Jakarta Post on March 24, 1998 on page three in an article titled 'When stressed dad rocks cradle'.On behalf of NIKE Inc.

IMF is not the good Samaritan

IMF is not the good SamaritanBy T.J. Addati This is the first of two articles on the role of the International Monetary Fund and the World Bank in the global economy. JAKARTA (JP): American folk tradition frequently refers to the "Company Store".

Muladi told to conceptualize substance of students dialog

Muladi told to conceptualize substance of students dialog JAKARTA (JP): President Soeharto said yesterday that he was serious in his commitment to a dialog with students and instructed Minister of Justice Muladi to make the necessary arrangements."The President said the dialog was very important.

TV today

TV todayTVRI 2:00 p.m. News: Berita 14 2:30 Music 2:35 Children's Film 3:05 Environment Program: Lembah Seribu Bunga 3:30 Science Film 4:00 Regional News 4:30 Creative Program: Karya Kita 5:00 Arabic Lessons 5:30 TV Series 6:00 News: Lintasan Berita 6:05 News: Rona Nusantara 6:15 Sports 6:30 TVRI...

More migrants arrive in Medan from Malaysia

More migrants arrive in Medan from Malaysia MEDAN, North Sumatra (JP): Another group of Indonesian illegal migrants deported from Malaysia arrived yesterday at the Teluk Nibung Port in Tanjungbalai, eight of them needing immediate hospital attention.

Grassroots groups want people at heart of ASEM

Grassroots groups want people at heart of ASEM LONDON (Agencies): Grassroots groups want this week's Asia- Europe summit to tackle Asia's financial crisis with new economic solutions that put ordinary people at their heart.

UNDP warns of food insecurity in RI

UNDP warns of food insecurity in RI JAKARTA (JP): The United Nations warned yesterday that the long drought and monetary crisis is threatening Indonesia's food security and that rice imports could reach record levels this year.

YLKI strongly protests phone tariff increase

YLKI strongly protests phone tariff increase JAKARTA (JP): The Indonesian Consumers Foundation (YLKI) has strongly protested the government's decision to raise local and intercity telephone rates from yesterday.

Lawyer's arrest an insult to profession: PHBI

Lawyer's arrest an insult to profession: PHBI JAKARTA (JP): The Indonesian Legal Aid and Human Rights Association (PBHI) lodged a protest with Chief Justice Sarwata yesterday over the arrest of one of its lawyers on March 10.

Donations pour in from C. Java

Donations pour in from C. Java SEMARANG, Central Java: The people of Central Java have so far contributed over 10 kilograms of gold, over Rp 400 million and hundreds of dollars in foreign exchange to help the state pull itself out of the financial crisis.

Acquiring special skills for the art of dialog

Acquiring special skills for the art of dialogBy Mochtar Buchori JAKARTA (JP): Dialogs can be conducted in different formats. The simplest is a conversation between two people. But not every such exchange of words, however, can be called a conversation or dialog.

PDI decides criteria for new leadership

PDI decides criteria for new leadership JAKARTA (JP): The likelihood of Megawati Soekarnoputri, the ousted leader of the Indonesian Democratic Party (PDI), regaining her post in June's government-sanctioned congress declined yesterday as one of the criteria set forth for leadership candidates...

Pusri to raise urea output

Pusri to raise urea output JAKARTA (JP): PT Pupuk Sriwijaya (Pusri), a state-owned fertilizer producer based in Palembang, South Sumatra, will raise its annual urea fertilizer production to 7.48 million tons by 2005 from about 6.16 million tons at present.

A new elegance dawns in Jakarta, with commercial appeal

A new elegance dawns in Jakarta, with commercial appealBy Yogita Tahil Ramani JAKARTA (JP): Sensuality floated through smatterings of black leaves on a cream slip dress. A turquoise-colored rose on the model's hair complemented a crepe gabardine spaghetti-strap dress in grape.

Nameless isles in Riau

Nameless isles in Riau PALEMBANG, South Sumatra: Over three-quarters of the 3,214 islands in the province of Riau have not yet been named.Riau provincial legislator Djufri Hasan Basri revealed during a visit to Palembang yesterday that only 714 have been named.

Firefighters lack equipment in RP

Firefighters lack equipment in RP PUERTO PRINCESA, Philippines (Reuters): The Philippines battled yesterday to control forest fires with machetes and shovels, and officials said they expected more outbreaks with the onset of summer.

Dead Indonesian gets PhD in Japan

Dead Indonesian gets PhD in Japan JAKARTA (JP): An Indonesian national has become the first person to get a Doctor of Philosophy (PhD) in Japan after his death.Halwany Microb, an Indonesian education and culture ministry official who died of cancer on July 3 last year, was posthumously conferred...

102,000 jobless employed

102,000 jobless employed BOGOR (JP): Labor intensive projects, designed to temporarily provide work for jobless people during the economic crisis, have employed 102,000 workers, an official from the Bogor Mayoralty said yesterday.

Mild quake hits Bali

Mild quake hits Bali DENPASAR, Bali: The island of Bali was shaken by a mild earthquake measuring 4.6 on the Richter scale yesterday morning."The quake surprised and frightened residents, but it really wasn't dangerous," Sridadi Budihardjo, an official at the Meterology and Geophysics Agency, said.

French Guignol to speak for the voiceless in four cities

French Guignol to speak for the voiceless in four cities JAKARTA (JP): French puppet master Guy Baldet is to stage the 190-year-old Guignol puppet show in Jakarta, Bandung, Yogyakarta and Surabaya.Beginning April 2, the comedy marionette show will be staged for five days in Jakarta.

City crime rate on the rise, police say

City crime rate on the rise, police say JAKARTA (JP): The number of larcenies, robberies and burglaries in the capital increased over the first three months of this year and is feared to rise further this month, police said yesterday.City Police spokesman Lt. Col. E.

Ministry launches project to counter foreign music

Ministry launches project to counter foreign music JAKARTA (JP): For many, the country's traditional music is being forgotten, losing the battle against invasions of foreign music. Now, even children tend to watch MTV instead of traditional performances aired on television.

KL does not recognize migrant asylum appeals

KL does not recognize migrant asylum appeals KUALA LUMPUR (Reuters): Malaysia said yesterday that it considered 14 Indonesians seeking asylum in the UN refugee agency's compound in Kuala Lumpur as illegal immigrants who were to be deported.

No meetings in hotels

No meetings in hotels SEMARANG, Central Java: Governor Soewardi yesterday issued an order banning all officials in his administration from holding meetings in hotels."The prohibition is a move to help save money in all sectors", he said, as quoted by Antara.

Japan think tank revises down Asian growth outlook

Japan think tank revises down Asian growth outlook TOKYO (Reuters): The Institute of Developing Economies (IDE), a Japanese think tank, said yesterday it has revised down sharply its growth forecast for the Asian region in calendar 1998.